Congratulations to our associate Alissa Verson on being elected to the Board of Directors of the DuPage County Bar Association. She will fill one of the Director positions designated for lawyers practicing seven years or less. Since becoming a licensed attorney in...
Month: May 2018
The FDD annual update is done. Do we really have to amend?
On behalf of Carter & Tani | May 22, 2018 | Franchise, Subfranchisor
All franchisors and their legal counsel focus on the annual Franchise Disclosure Document update that must be completed within 120 days of the franchisor's fiscal year end. Typically, everyone is relieved that the project is done for the year. However, franchisors...
Application by State Regulators of the NASAA Financial Performance Representation Commentary
On behalf of Carter & Tani | May 17, 2018 | Franchise, NASAA
As we previously reported last year, on May 8, 2017, the North American Securities Administrators Association (NASAA) voted to adopt a Financial Performance Representation Commentary for franchises (FPR Commentary). The FPR Commentary supplements the 2008 Franchise...
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Recent Posts
- Annual FDD Update and State Registration Renewals in 2021
- An Update to FASB’s ASC 606 Accounting Revenue Standard
- Franchisor Mergers and Acquisitions (M&A) in 2020
- Financial Performance Representations: The Effect of COVID-19 and other Issues relating to Compliance with Item 19 of the Franchise Disclosure Document
- Happy Holidays and Happy New Year 2021 from Carter & Tani